S&P Global Inc. $SPGI Shares Sold by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D decreased its holdings in S&P Global Inc. (NYSE:SPGI) by 3.0% in the fourth quarter, Holdings Channel reports. The fund owned 107,236 shares of the business services provider’s stock after selling 3,355 shares during the period. State of New Jersey Common Pension Fund D’s holdings in S&P Global were worth $56,040,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mizuho Markets Americas LLC increased its holdings in S&P Global by 104,031.3% during the 3rd quarter. Mizuho Markets Americas LLC now owns 595,631 shares of the business services provider’s stock worth $289,900,000 after purchasing an additional 595,059 shares during the period. Credit Agricole S A purchased a new stake in shares of S&P Global in the 3rd quarter valued at approximately $180,503,000. Holocene Advisors LP raised its stake in shares of S&P Global by 79.8% during the third quarter. Holocene Advisors LP now owns 766,043 shares of the business services provider’s stock worth $372,841,000 after purchasing an additional 339,947 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of S&P Global by 4.6% during the third quarter. Wellington Management Group LLP now owns 6,231,644 shares of the business services provider’s stock worth $3,033,003,000 after purchasing an additional 274,285 shares during the period. Finally, Danske Bank A S acquired a new position in S&P Global in the 3rd quarter valued at $100,901,000. 87.17% of the stock is currently owned by institutional investors and hedge funds.

S&P Global Price Performance

S&P Global stock opened at $432.49 on Thursday. The stock has a market capitalization of $131.25 billion, a P/E ratio of 29.51, a P/E/G ratio of 1.96 and a beta of 1.20. S&P Global Inc. has a 12-month low of $381.61 and a 12-month high of $579.05. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.82. The firm’s 50-day moving average is $430.08 and its two-hundred day moving average is $473.66.

S&P Global (NYSE:SPGI) last announced its quarterly earnings data on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.82 by $0.15. The business had revenue of $4.17 billion for the quarter, compared to the consensus estimate of $4.08 billion. S&P Global had a net margin of 29.16% and a return on equity of 16.56%. The company’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Equities analysts predict that S&P Global Inc. will post 19.51 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have recently commented on SPGI. Mizuho reduced their target price on shares of S&P Global from $657.00 to $551.00 and set an “outperform” rating for the company in a research note on Thursday, February 12th. Bank of America started coverage on shares of S&P Global in a report on Tuesday, February 17th. They set a “buy” rating and a $575.00 price target for the company. Robert W. Baird set a $546.00 price objective on shares of S&P Global in a research report on Wednesday, February 11th. Stifel Nicolaus cut their target price on S&P Global from $599.00 to $489.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Finally, The Goldman Sachs Group restated a “buy” rating on shares of S&P Global in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, S&P Global currently has an average rating of “Buy” and a consensus price target of $550.44.

S&P Global News Roundup

Here are the key news stories impacting S&P Global this week:

• Positive Sentiment: Q1 results beat expectations — SPGI reported $4.97 EPS vs. $4.82 expected and revenue of $4.17B (beats consensus), with strength in Ratings, Indices and Market Intelligence and margin expansion that investors liked. Reuters: SP Global reports higher first-quarter profit
• Positive Sentiment: Brokerage upgrades and higher targets — Jefferies, Morgan Stanley and JPMorgan raised price targets and reiterated buy/overweight stances, providing analyst-driven upside confidence. Jefferies target raise Morgan Stanley target raise
• Positive Sentiment: AI-led growth narrative — analysts and coverage (e.g., Barron’s / sector pieces) highlight SPGI as an AI beneficiary within data/analytics services, supporting multiple expansion expectations. Barron’s: AI services winners
• Neutral Sentiment: Strategic moves in energy business — S&P Global announced innovations and changes to its upstream energy offerings that could boost long-term product mix but will take time to monetize. Yahoo: Strategic innovations in energy
• Neutral Sentiment: Global expansion: opened a Gurugram (India) hub — signals investment in lower-cost delivery and TAM expansion but is a medium-term positive rather than immediate earnings driver. Yahoo UK: India hub opens
• Negative Sentiment: Caution on guidance/revenue — some coverage noted a trimmed revenue outlook or more cautious near-term revenue commentary from management, which tempers the beat and increases sensitivity to macro volatility. Seeking Alpha: guidance caveat
• Negative Sentiment: Minor analyst downward tweak — Erste Group slightly lowered FY2026 EPS estimates (small magnitude) and some outlets flagged energy/headwind pressures, adding modest near-term caution. MarketBeat: analyst estimate change
• Negative Sentiment: Conflicting headlines on sales — while many reports highlight beats, at least one outlet ran a “misses sales expectations” headline, increasing short-term noise and volatility risk. Yahoo: sales miss headline

S&P Global Profile

S&P Global is a leading provider of financial information, analytics and benchmark indices that serve investors, issuers, corporations and public institutions worldwide. The company operates through well-known businesses that include credit ratings, market intelligence and index licensing, as well as commodity and energy information services. Its products and services are used to assess creditworthiness, inform investment decisions, construct and track benchmark portfolios, and support risk and commodity market analysis.

S&P Global Ratings provides independent credit ratings, research and data used by fixed income investors and capital market participants to evaluate issuer and transaction risk.